Self Consumption Invoice

[Samik Chaudhuri]

Sir

We are food factory can we able to give our product to our staff and workers issuing the self consumption invoice? Please suggest me .

With thanks and regards

Samik Chaudhuri.

[Mahir S]

Yes, but duty is required to be paid by you on the said product and invoice is to be prepared and issued.

[YAGAY andSUN]

Dear Samik,

You need to also charge VAT at appropriate rate while issuing such Invoices.

Regards

YAGAY and SUN

(Management, Business and Indirect Tax Consultants)

AI Summary

Self-consumption invoice requires payment of duty and charging VAT when employer supplies products to staff. A food manufacturer supplying products to staff must prepare and issue a self-consumption invoice and pay applicable central excise duty; additionally, the supplier must charge and account for VAT at the appropriate rate when making such supplies.